S P Associates (International) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 05491171 (England and Wales)

ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

S P ASSOCIATES (INTERNATIONAL) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S Pellegrinelli

SECRETARY:

Ms S M Riske

REGISTERED OFFICE:

Argent House

5 Goldington Road

Bedford

MK40 3JY

REGISTERED NUMBER:

05491171 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Tangible assets

2

-

119

CURRENT ASSETS

Debtors

9,063

2,429

Cash at bank and in hand

19,366

74,387

28,429

76,816

CREDITORS

Amounts falling due within one year

10,730

16,433

NET CURRENT ASSETS

17,699

60,383

TOTAL ASSETS LESS CURRENT
LIABILITIES

17,699

60,502

PROVISIONS FOR LIABILITIES

-

24

NET ASSETS

17,699

60,478

CAPITAL AND RESERVES

Called up share capital

3

1

Profit and loss account

17,698

60,477

SHAREHOLDERS' FUNDS

17,699

60,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 23 September 2016 and were signed by:

S Pellegrinelli - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

2,501

DEPRECIATION

At 1 April 2015

2,382

Charge for year

119

At 31 March 2016

2,501

NET BOOK VALUE

At 31 March 2016

-

At 31 March 2015

119

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

1

Ordinary

£1

1